TIM 0.00% 4.4¢ timbercorp limited

broker has buy, page-2

  1. 5,411 Posts.
    re: broker has buy / looking ahead Re: TIM - Timbercorp for techies ...
    Reply #27 on: 02.10.2002 at 15:39:51

    TIM - Looking ahead:

    Hi folks,

    TIM has been responding well to a
    particular time cycle, since 311298.

    In review:

    1. TIM has been responding to a regular
    cycle ... last turn being on 310701.

    2. TIM has also shown a strong correlation to
    the vibration of the number 31.

    3. Support and resistance channels, marked by
    Gann lines, have continued to support TIM.

    --------------

    So now, it's almost TIME to consider another trade
    on TIM.

    During the last cycle, TIM responded with a
    39 + cent rally ... 111002 will see us looking
    to go long again.

    You will notice that TIM broke out of a month-long,
    flat trading period on 270902 ... exactly one year
    after the breakout, last year.

    Anniversaries are important .....!~!

    ------------

    Trading strategy for this TIM trade will be to
    enter long on 111002, provided it is not below
    44 cents.

    If TIM breaks through .60 in the next 5 trading
    days until 111002, then that will trigger our
    long trade anyway.

    This trade will end on 220203 and/or if our price
    target of 39 cents above our entry on 111002,
    is reached before then.

    Of course, a trailing stop loss will be in force
    at all times.

    ---------------

    111002 also represents 30:49.3 degrees movement
    from the 310701 low ... just shy of that
    vibrational number 31.

    ---------------

    For the techies, introduce a Gann line, using
    1080/59 rise/run parameters, but being taken
    from zero(0) on 310701.

    Remember these lines are projected from a single
    point .....

    ..... you can see how it has supported the
    most recent rally, since the end of July, 02.

    That low in July, 02 also marked a double bottom
    pattern for TIM that took almost a year to
    complete.

    Other positive indicators for TIM are the very
    tightly spaced moving averages and the fact that
    the price has remained above them, since the
    recent breakout.

    ----------------

    In short, key dates for TIM going forward may be:

    111002 - 220203 - 110403


    hope this helps some

    yogi
 
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